After signing in, go to the Document Verification page. Choose the type of Identity Document you’d like to upload (Drivers License or State Issued ID). Select to upload via Mobile Camera (mobile) or File Upload (computer).
How do I upload my photo ID to Coinbase?
How do I complete this process?
- Upon navigating to the Trade page, a message will appear stating Additional information required.
- Click Submit ID + Photo Verification to continue.
- Click Start verification to begin the document upload process.
- Select the Identification Document type that you want to upload.
Why is Coinbase not accepting my ID?
If you’re having trouble verifying your ID, we recommend using the Coinbase mobile app. … 90% of customers are able to resolve issues with ID verification by using the Coinbase mobile app and the camera on their mobile phone. Once the app is installed, go to Settings > Identity Verification.
Is it safe to upload my ID to Coinbase?
Yes it is safe to show ID. And required by law for all legit crypto exchanges including the ones other posters will steer you towards.
What ID is needed for Coinbase?
For US customers, only US state-issued ID such as a Driver’s License or Identification cards are accepted.
Why do I have to upload my ID to Coinbase?
Why am I being asked to verify my identity? To prevent fraud and to make any account-related changes, Coinbase will ask you to verify your identity from time-to-time. We also ask you to verify your identity to ensure no one but you changes your payment information.
Can you use Coinbase without ID?
Per the Coinbase User Terms, we require all customers to verify their identity to continue using our service. We didn’t always require Identity Verification to sign up for Coinbase, but we now require all customers to input their information.
Should I give Coinbase my SSN?
Coinbase does require that you provide your Social Security number to them when opening an account on their platform. They use your SS# for several reasons such as checking your background information, tax reporting purposes as well as to comply with anti- money laundering laws of the United States.
Is there an alternative to Coinbase?
Binance is a crypto exchange that offers a platform for trading more than 150 cryptocurrencies. This is a strong coinbase alternative that has an API that helps you to integrate your current trading application. Features: … Binance offers basic and advanced exchange interfaces for trading.
Should I use my real name on Coinbase?
Yes, you will have to provide lots of personal information to coinbase.com to buy from them. You could use circle if you’re lucky to get an invite. Other option would be local bitcoins, or mycelium local trader to exchange cash for btc. … Coinbase is also a bitcoin broker.
Should I trust Coinbase?
The short answer is “yes, Coinbase is a legitimate cryptocurrency exchange and broker”. That is because of its high profile investors and highly regulated location (San Francisco). Coinbase is very unlikely to run away with your money.
Is using Coinbase safe?
While it is never 100% safe to your money on any online exchange, Coinbase is one of the safest web wallets you can use. Coinbase keeps almost 99% of their assets in an offline cold storage that can’t be accessed — when in cold storage, they cannot be hacked!
What do you need to set up a Coinbase account?
Learn about pricing and fees.
- Create your account. Go to https://www.coinbase.com from a browser on your computer, or download and open the Coinbase app on Android or iOS to get started. …
- Verify your email. …
- Verify your phone number. …
- Add your personal information. …
- Verify your identity. …
- Link a Payment Method.
How can I buy Bitcoin without ID?
- Buying Bitcoin with No ID: 7 of Your Exchange Options.
- LocalBitcoins: Buy Your Digital Currency Anywhere. …
- BitQuick: Buy Your Digital Currency with Cash. …
- Wall of Coins: Only SMS Verification Required. …
- Bitcoin ATMs: Do You Have One Near You? …
- Bitcoin (BTC) Exchanges without Verification. …
Is Crypto COM safe?
Crypto.com appears to be a legit exchange that is secured and regulated. US customers fiat wallet balances (in USD) are covered by FDIC insurance up to US$250,000 which provides a level of assurance funds are safe on the platform. To date, there have been no hacks or major theft of funds on Crypto.com or its app.
Does Coinbase report to IRS?
Coinbase may be reporting your trade activity to the IRS even if you’ve only been trading recently. They are doing this by sending Form 1099-Ks. … As it the case for tax forms in general, if you receive a 1099-K, then the IRS receives a copy of the same form.